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Capitalism Versus Racism? That's Just Silly!

John Stossel on

Those business owners may have been racist -- I can't know -- but they fought segregation.

"We got Jim Crow laws," says Norberg, "Because free markets weren't willing to discriminate."

Capitalists cared about green -- not black or white.

Free markets all over the world coordinate and cooperate. Many don't know of each other's existence, and if they did meet, they might not get along. But they work together in search of profit.

It's odd that socialists now call capitalism racist, when the opposite is more often true.

The Soviet Union invited African students to study science in major cities. But "Soviet citizens often treated the Africans in their midst with disdain and hostility," New Lines Magazine describes. Russian children's books portrayed Blacks in animalistic ways. Name-calling was common.

 

Today, China and Cuba claim to have "zero-tolerance" for racism, but during the Covid pandemic, authorities forcibly tested Blacks and ordered strict isolation. Landlords evicted African tenants. Businesses often refused to serve them.

In Cuba, Castro insisted he would eliminate racism. But "Racism persists," reports France 24, saying it's "banned by law," but "alive on the streets ... In local jargon, a white woman with a black boyfriend is ... 'holding back the race.'" Cuba's government is still instituting programs to "combat racism."

It's capitalism that makes people less racist.

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Every Tuesday at JohnStossel.com, Stossel posts a new video about the battle between government and freedom. He is the author of "Give Me a Break: How I Exposed Hucksters, Cheats, and Scam Artists and Became the Scourge of the Liberal Media."


Copyright 2024 Creators Syndicate, Inc.

 

 

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